South Guelph real estate leads city growth

It’s no secret that the most Ontario real estate markets have hit new highs this year, including Guelph despite a global pandemic. In late September, the Financial Post published an article identifying Guelph as one of the 5 fastest-growing markets in Canada. If you add in the full September sales, the average price of a home in Guelph is +14% this year.

Are Guelph home prices going to drop by 18%?

If you’re following the headlines related to real estate, you’ve likely about the news release issued by the Canadian Mortgage and Housing Corporation (CMHC) regarding their forecasts for Canadian real estate. CHMC, Canada’s largest provider of mortgage insurance in Canada, estimates an incredible 9-18% decrease in the average home values across the country by 2021. 

COVID-19 and Guelph’s real estate market. Where do buyers and sellers stand?

Within two weeks, the world has changed dramatically. We’re now in the face of massive closures and shutdowns, cancelled sports seasons, stock market declines and fistfights in the aisles of Costco over toilet paper. COVID-19, or the Coronavirus, has impacted everyone internationally in one way or another. But does the trickle-down of this global virus

Guelph is in the face of an extreme seller’s market: Here’s what you should know

Bidding wars. Buyers are frustrated. Sellers cashing in. These echo the sentiments of the Guelph real estate news headlines in 2017. So far in 2020, we’re almost on an identical path.  Sellers, you may want to keep reading. In January 2017, the months of inventory (MOI) was bouncing around the one-month level. This means, that at